L1 GROUP LIMITED — Director's Dealing 2023

Nov 14, 2023

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15 November 2023

The Manager ASX Market Announcements Australian Securities Exchange Limited Sydney NSW 2000

Platinum Asset Management Limited (PTM) Appendix 3Y – Change of Director’s Interest Notice, Andrew Stannard

Attached is the Appendix 3Y, change of director’s interest notice for Andrew Stannard.

Authorised by

Joanne Jefferies | Company Secretary

Investor contact

Elizabeth Norman | Director of Investor Services and Communications Platinum Asset Management Limited Tel: 61 2 9255 7500 Fax: 61 2 9254 5555

Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia | GPO Box 2724, Sydney NSW 2001 Telephone 61 2 9255 7500 | Investor Services 1300 726 700 | Facsimile 61 2 9254 5590 | Email invest@platinum.com.au | Website www.platinum.com.au Platinum Asset Management Limited ABN 13 050 064 287

Rule 3.19A.2

Appendix 3Y Change of Director’s Interest Notice

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Platinum Asset Management Limited
ABN	13 050 064 287

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Andrew Stannard
Date of last notice	7 July 2023

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct.
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	15 November 2023
No. of securities held prior to change	- 465,361 PTMAA deferred rights(PTMAA) granted under the PlatinumAsset Management Limited DeferredRemuneration Plan.- 201,391 PTMAB performance rights(PTMAB) granted under the PlatinumPartners’ Long-Term Incentive Plan.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		Each PTMAA deferred right constitutes aright to receive one ordinary share,subject to vesting conditions being met.Resultant ordinary shares must bepurchased on-market.Each PTMAB performance rightconstitutes a right to receive up to twoordinary shares, subject to vesting andexercise conditions being met. Resultantordinary shares must be purchased onmarket.
Number acquired		298,507 performance rights (PTMAB)granted under the Platinum Partners’Long-Term Incentive Plan Each PTMABright constitutes a right to receive up totwo ordinary shares, subject to vestingand exercise conditions being met.
Number disposed		Nil.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		Nil.Andrew Stannard was granted 298,507performance rights (PTMAB) under thePlatinum Partners’ Long-Term IncentivePlan with a face value of $400,000.The number of performance rights wascalculated by dividing the face value ofthe award by the volume weightedaverage price of the ordinary shares onthe seven (7) trading days before 20September 2023.
No. of securities held after change		Direct interest:•465,361 PTMAA deferred rights(PTMAA) granted under the PlatinumAsset Management Limited DeferredRemuneration Plan; and• 499,898 PTMAB performance rights(PTMAB) granted under PlatinumPartners’ Long-Term Incentive Plan.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Allocation of 298,507 performance rights Example: on-market trade, off-market trade, exercise of options, issue (PTMAB) under Platinum Partners’ Longof securities under dividend reinvestment plan, participation in buyback Term Incentive Plan.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and
an estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3